Chelsea have been left reeling in the battle to sign Edinson Cavani after Paris St Germain lodged an improved near-£50million bid for the Napoli striker.
Sportsmail Online understands PSG coach Laurent Blanc has followed up his initial £43million approach by offering £49.3m for the in-demand Uruguay frontman.
Chelsea and Man City will now have to smash the British transfer record, which is currently the £50m Chelsea owner Roman Abramovich paid Liverpool for Fernando Torres, if they want to sign the prolific striker.
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